Monthly and weekly chart trendlines are down.
Fresh and historical demand zone at 3.48-2.93 area rejected price 7 months ago.
We have a nice weekly demand zone at 4.22-3.85 area.
We have a uptrend on daily and we have a daily demand zone over weekly demand zone.
Entry price: 4.32
Stop Loss: 4.12
Profit: 4.92
R/R Ratio: 3
Fresh and historical demand zone at 3.48-2.93 area rejected price 7 months ago.
We have a nice weekly demand zone at 4.22-3.85 area.
We have a uptrend on daily and we have a daily demand zone over weekly demand zone.
Entry price: 4.32
Stop Loss: 4.12
Profit: 4.92
R/R Ratio: 3
Comentário:
if we hit monthly supply zone at 5.02-5.54, we can not buy